Joseph H.
Low loan amount refinance
I am looking at a property that is being sold for $34,900 and it needs around $6,000 in rehab. T estimates ARV for $50,000, but where it makes up for a low value is in renting. It has a 48% cash flow every month. Can ...
Nick Noon
New to BiggerPockets
Hey all,I am really starting to get the property investment bug, and I was doing some preliminary researching and came across this site and decided to join. First, I am a 28 year old construction manager for a well r...
Mark S.
Paying LLC Attorney Fees/Costs - From Personal or LLC Account?
So, I finally decided to start an LLC. After much debate and discussion, I decided to use my local attorney to do it. I checked with a tax advisor and they said all the start up costs are tax deductible, which makes...
Calvin C.
Getting a loan
Hello my name is Calvin, I am new here and my question is how do I get a loan or someone that will help me invest in properties.
Alex Loera
Using a personal LOC as a down payment???
Hello BP family, I live in San Antonio TX and I am getting ready to apply for a personal LOC. Im trying to figure out if I can use the LOC for a down payment on a conventional loan?
Jerome Adams
Contractor for 203K repair
Hey! I am looking at 2 potential fixer uppers in gloucester county for a personal residence that I was thinking for a 203k loan. I am new to this process but I understand that it needs to be done right and someone exp...
Account Closed
1st Deal Dilemma
Hi BP,I have found a solid deal on a 2 unit and wanted some advice on "creative" financing options. I can use my primary residence home equity loan for the down payment & can finance with a Commercial loan but it'...
Stephanie Drouillard
Financing Options when closing on multiple deals
Hello, I live in northern Michigan where rentals are in high demand (not many apartment complexes). I currently own one rental that is cash flowing about $200/month and am in the process of closing on another. Our loa...
Champaigne Shyne
House Hacking With Multi-Unit Using FHA Loan
Hi Everyone!So I have been wanting to buy my first property while generating income for the longest. I worked hard over the last 5 months to get my credit score to 753, pay off student loans, increase my credit line t...
Kenneth Honer
Second Duplex Lending Struggles
Hello Everyone,
About a year ago, I purchased a duplex in Spring City, PA (Chester County) which I currently occupy using 10% down FHA financing. It's going very well so far and I'd like to repeat the process again w...